Atlantic Union Bankshares Corp purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,554 shares of the company’s stock, valued at approximately $261,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Blueprint LLC bought a new stake in shares of iShares Select Dividend ETF during the 3rd quarter valued at $26,000. Personal Wealth Partners bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $28,000. Coastal Capital Group Inc. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $29,000. Investors Research Corp raised its stake in shares of iShares Select Dividend ETF by 2,218.8% during the 2nd quarter. Investors Research Corp now owns 371 shares of the company’s stock valued at $37,000 after purchasing an additional 355 shares during the period. Finally, Asset Planning Services Ltd. bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at $41,000.
Shares of NASDAQ:DVY traded up $0.26 during midday trading on Friday, reaching $104.16. 317,400 shares of the company traded hands, compared to its average volume of 592,278. iShares Select Dividend ETF has a 12 month low of $84.62 and a 12 month high of $104.46. The firm’s fifty day moving average price is $101.69 and its two-hundred day moving average price is $99.60.
iShares Select Dividend ETF Profile
iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.
Recommended Story: How does equity income fit into an investing strategy?
Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.